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Congressional Budget Office reported on Monday when it revised its cost estimate for the health care law. The nonpartisan office now believes that the ACA will cost the government $5 billion less than projected in 2014 and $104 billion less for the 2015-2024 period. It also found “no clear evidence” that premiums will surge in 2015, noting that “enrollees in the future will be healthier, on average, than the smaller number of people who are obtaining such coverage in 2014.” The agency estimated that the national average premium for individual silver policy plans would increase by $100 that year.
Android616
Premiums for health insurance in the affordable health care act are lower than the Federal government had anticipated.
The CBO is called partisan to many people who have no idea what it is for. It is used by both parties to report on figures. They are historically not attached to either the left or right wing parties.edit on 14-4-2014 by Android616 because: (no reason given)
A recent survey of 148 insurance brokers shows that ObamaCare is sending premiums rising at the fastest clip in decades.
"For the last, about, five years they've been doing this survey, so this was the largest percentage increase in any quarter since they've been doing (it)," says Scott Gottlieb of the American Enterprise Institute.
"But at 12 percent, 11 percent increase on average across all the states -- that puts it at the upper end of any increase we've seen for decades."
That is the national average in a survey done by Morgan Stanley. But in some states, it found rates are soaring.
"There are specific states with exorbitant increases," says Gottlieb. "Delaware had 100 percent increase, Florida had a 37 percent increase, Pennsylvania 28 percent increase, California had a 53 percent increase in their premiums."
greencmp
reply to post by Android616
That's terrible news.
What's behind your threads and thread posts?
LDragonFire
reply to post by schuyler
LOL You used Fox News as your source. Thats certainly not partisan.
Star and flag away
Premiums for health insurance in the affordable health care act are lower than the Federal government had anticipated.